New Scholar awards provide support for newly independent investigators beginning in the first 3 years after their postdoctoral training, when they are establishing their own labs and their careers are at a vulnerable stage. These awards contribute to a safety net that allows bright young scientists to staff their laboratories, collect preliminary data, and organize research programs of sufficient momentum to obtain ongoing support from other sources. New Scholar awards provide funding up to $100,000 per year for a four year period.
In August 2013, the Foundation's Board of Directors announced that no new applications will be accepted for New or Senior Scholar awards in Aging, Neuroscience or other biomedical research topics. All currently funded awards will continue subject to the terms and conditions established in the original award agreement between the Foundation and the grantee institution.